TechCrunch: Google cancels half the projects at its internal R&D group Area 120

TechCrunch: Google cancels half the projects at its internal R&D group Area 120. “Google CEO Sundar Pichai, speaking at the Code Conference last week, suggested the tech company needed to become 20% more efficient — a comment some in the industry took to mean headcount reductions could soon be on the table. Now, it seems that prediction may be coming true. TechCrunch has learned, and Google confirmed, the company is slashing projects at its in-house R&D division known as Area 120.”

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